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Aussie, Kiwi Slip on Asia Stock Retreat, PMIs Weigh, Dollar Awaits Fed’s Bowman and Powell

Aussie, Kiwi Slip on Asia Stock Retreat, PMIs Weigh, Dollar Awaits Fed’s Bowman and Powell

Commodity currencies slipped in quiet trading today, with Aussie and Kiwi leading losses as regional equities pulled back. With Japan on holiday, volumes were thin, but risk sentiment deteriorated after both Chinese and Hong Kong tech stocks retreated from a month-long rally. Australia’s PMI data added further weight to the currency. The September surveys showed […]

The post Aussie, Kiwi Slip on Asia Stock Retreat, PMIs Weigh, Dollar Awaits Fed’s Bowman and Powell appeared first on Action Forex.